Close Menu
Cryprovideos
    What's Hot

    Crypto Betting Faces New Rules: Stake.com, Bet365, and Spartans Respond

    August 2, 2025

    The SEC and CFTC Are Going Right into a Professional-Crypto Joint Regulatory Offensive

    August 2, 2025

    HyperLiquid Slips Beneath Key Resistance — Is $30 the Subsequent Cease? ‣ BlockNews

    August 2, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Crypto Analyst Predicts When Dogecoin Value Will Hit $3 This Cycle
    Crypto Analyst Predicts When Dogecoin Value Will Hit  This Cycle
    Crypto News

    Crypto Analyst Predicts When Dogecoin Value Will Hit $3 This Cycle

    By Crypto EditorJanuary 18, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Este artículo también está disponible en español.

    Dogecoin has cleared the $0.4 mark once more after just a few days of attention-grabbing value inflows which have induced its value to rebound notably from $0.31. This robust upward motion has allowed Dogecoin to reverse the worth losses it incurred within the earlier week.

    Associated Studying

    Moreover, this latest rally has positioned Dogecoin again on monitor for additional upward motion, and the subsequent outlook is value targets to anticipate within the case of a continued rally henceforth.

    A technical evaluation on the TradingView platform highlighted a compelling comparability between Dogecoin’s present value actions and its historic patterns to foretell a major rally that would deliver Dogecoin to $3 this cycle. 

    Dogecoin’s Consolidation Mirrors January 2021 Rally

    The technical evaluation in query seems at Dogecoin’s value motion from a long-term perspective by analyzing formations on the weekly candlesticks. Apparently, the weekly candlesticks present Dogecoin has been consolidating slightly below the $0.5 value degree in a downward and upward motion all through the previous six weeks. 

    The analyst highlighted that Dogecoin’s latest consolidation is nearly a precise reproduction of the same habits above the 1-week transferring common (MA50) in January 2021. This symmetrical positioning in time relative to the earlier market cycle provides credibility to the argument that Dogecoin is following a cyclical sample, which has been proposed by numerous analysts by a number of technical analyses.

    Again in 2021, the cryptocurrency transitioned from a interval of accumulation to explosive development, producing returns of over 3,600% from its backside.

    Increasing on this cyclical sample, the analyst highlighted one other similarity in Dogecoin’s value rally in This autumn 2024. Dogecoin’s value has risen by roughly 480% since its August 2024 backside, a determine that matches the 480% improve noticed in the course of the November-December 2020 interval.

    Crypto Analyst Predicts When Dogecoin Value Will Hit $3 This Cycle
    DOGE is at present buying and selling at $0.39. Chart: TradingView

    Following that preliminary section 1 surge in 2020, Dogecoin entered a consolidation section in January 2021 earlier than beginning section 2 of its rally. The present consolidation, subsequently, seems to reflect this historic sequence and lends voice to a prediction that Dogecoin could also be on the verge of repeating its previous efficiency.

    Section 2 Goal: A Path To $3

    Based mostly on the historic precedent, the analyst anticipates that Dogecoin’s “Section 2” may deliver a rally of three,600%, just like the cycle noticed in early 2021. By way of a value goal, the projection is a 3,600% improve from the August 2024 low, which might deliver Dogecoin in the direction of the $3 mark. The timeframe for this value goal is as early as the subsequent three weeks, although the analyst famous that it may happen a lot later than that.

    Associated Studying

    On the time of writing, Dogecoin is buying and selling at $0.3947, though it just lately traded at an intraday excessive of $0.4334. A transfer to $3 would signify a 777% improve from the present value. 

    Featured picture from VOI, chart from TradingView



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Crypto Betting Faces New Rules: Stake.com, Bet365, and Spartans Respond

    August 2, 2025

    The SEC and CFTC Are Going Right into a Professional-Crypto Joint Regulatory Offensive

    August 2, 2025

    Monetary Officers At Billion-Greenback Companies Are Planning To Undertake Crypto — Listed below are The Stats

    August 2, 2025

    Finest Crypto Day Buying and selling Platform For Futures – 50x Leverage And Greater

    August 2, 2025
    Latest Posts

    Ethereum vs Bitcoin Flashes Uncommon Sign: Dealer Warns Altcoin Increase Might Be Close to

    August 2, 2025

    Michael Saylor’s Firm Eyes One other $4.2 Billion Bitcoin Purchase – Will It Drive BTC Restoration?

    August 2, 2025

    Satoshimeter Reveals The place Bitcoin Worth Is In This Cycle

    August 2, 2025

    Bitcoin mining issue hits ATH, however is projected to drop in August

    August 2, 2025

    Most Essential Bitcoin Value Degree to Watch Out For

    August 2, 2025

    Bitcoin Maxi Blasts XRP Traders With ‘Retarded’ Tag Amid Worth Drop | Bitcoinist.com

    August 2, 2025

    Bitcoin Miner Income Hit Highest Month-to-month Mark Since Halving: JP Morgan – Decrypt

    August 2, 2025

    Exchanges Obtain 21,400 Bitcoin At A Loss From Brief-Time period Holders – Retail Capitulation?

    August 2, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Investor Chris Burniske Explains How Memecoins Will Drive Change in Valuation Strategy for Different Crypto Initiatives – The Every day Hodl

    November 17, 2024

    Saylor Desires US to Dominate International Crypto | Dwell Bitcoin Information

    March 9, 2025

    High 10 DeFi Initiatives by Growth This Month

    June 28, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.